This marks the Madhvani family's first fundraising effort for HNG Resolution following its acquisition through the Insolvency and Bankruptcy Code process.
Emkay Global Financial is bullish on AGI Greenpac has recommended buy rating on the stock with a target price of Rs 1520 in its research report dated September 22, 2025.
Stocks to Watch, 16 September: Stocks like Transrail Lighting, NCC, Adani Enterprises, Sanghvi Movers, Asahi India Glass, John Cockerill, JSW Infrastructure, Angel One, Bajaj Finserv, Patel Retail, Zydus Lifesciences, and AGI Greenpac will be in focus on September 16.
INSCO had proposed to acquire 100 per cent of HNG's fresh equity, with a 5 per cent minority stake. The filing was made through the green channel route and was deemed approved on submission.
In the notice, the lender has accused INSCO of diverging from the Supreme Court’s 24 order, which said INSCO had to match the AGI Greepac offer in every aspect
After a nudge from the Supreme Court, INSCO has now matched the offer of earlier applicant AGI Greenpac whose bid was disqualified by the court
The Supreme Court had, on January 29, cancelled the bid of AGI Greenpac for failing to secure CCI approval for acquisition of Hindusthan Glass & Industries.
Container glass manufacturer AGI Greenpac is seeking relief against the apex court's judgment that had nullified its proposed resolution plan for Hindusthan National Glass.
According to experts, the Nifty 50 is likely to march towards the 24,300-24,500 zone if it manages to hold above 24,100 in the coming sessions. However, breaking below 24,100 could drag it down towards the 24,000-23,900 zone. Here are some trading ideas for the near term.
Experts expect the momentum to sustain in the coming weeks, too, with immediate resistance at 22,500-22,600, followed by the medium-term target of 23,000, provided it holds the upward sloping resistance trendline
The decline in net profit for AGI Greenpac was due to higher income tax and deferred tax balances.